{"title":"HALAL INDUSTRY IN INDONESIA: ROLE OF SHARIA FINANCIAL INSTITUTIONS IN DRIVING INDUSTRIAL AND HALAL ECOSYSTEM","authors":"M. Rachman","doi":"10.15408/aiq.v11i1.10221","DOIUrl":"https://doi.org/10.15408/aiq.v11i1.10221","url":null,"abstract":"Halal market has emerged as a sector of new development and creating market potential in the global economy. Sharia Financial Institutions (SFI) has an important role as an intermediation between unit deficits and surpluses in the economy with sharia principles. As the development of halal products and industries make SFI have an important role in encouraging the growth, literacy and potential of the halal industry. In this paper we will present the ideas and roles of SFI in encouraging the potential of halal industry in Indonesia. The purpose of writing this paper is to provide an overview of the potential, prospects and literacy of the halal industry in Indonesia; and provide an overview and idea of the role of SFI sector in encouraging halal ecosystems and industries.Keywords: Islamic Financial Institutions, Halal Industry, Halal Ecosystem","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44538602","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"ISLAMIC MUTUAL FUNDS PROMOTIONAL ACTIVITIES: NORMAL APPROXIMATION OF BINOMIAL DISTRIBUTION AND TYPE I ERROR","authors":"Mohd Yaziz Bin Mohd Isa","doi":"10.15408/aiq.v11i1.9592","DOIUrl":"https://doi.org/10.15408/aiq.v11i1.9592","url":null,"abstract":"The paper applies normal approximation procedure to binomial probability distribution. A sample of 392 respondents are surveyed whether they agree or not agree that promotional activities determined the level of awareness of benefits of Islamic mutual funds. The paper hypothesizes the population mean µ of success effects of promotional activities at 68%, and attempts to reduce Type I error - the probability of rejecting null hypothesis when it is true.","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2019-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44117027","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Michael E Nance, Ruicheng Shi, Chady H Hakim, Nalinda B Wasala, Yongping Yue, Xiufang Pan, Tracy Zhang, Carolyn A Robinson, Sean X Duan, Gang Yao, N Nora Yang, Shi-Jie Chen, Kathryn R Wagner, Charles A Gersbach, Dongsheng Duan
{"title":"AAV9 Edits Muscle Stem Cells in Normal and Dystrophic Adult Mice.","authors":"Michael E Nance, Ruicheng Shi, Chady H Hakim, Nalinda B Wasala, Yongping Yue, Xiufang Pan, Tracy Zhang, Carolyn A Robinson, Sean X Duan, Gang Yao, N Nora Yang, Shi-Jie Chen, Kathryn R Wagner, Charles A Gersbach, Dongsheng Duan","doi":"10.1016/j.ymthe.2019.06.012","DOIUrl":"10.1016/j.ymthe.2019.06.012","url":null,"abstract":"<p><p>CRISPR editing of muscle stem cells (MuSCs) with adeno-associated virus serotype-9 (AAV9) holds promise for sustained gene repair therapy for muscular dystrophies. However, conflicting evidence exists on whether AAV9 transduces MuSCs. To rigorously address this question, we used a muscle graft model. The grafted muscle underwent complete necrosis before regenerating from its MuSCs. We injected AAV9.Cre into Ai14 mice. These mice express tdTomato upon Cre-mediated removal of a floxed stop codon. About 28%-47% and 24%-89% of Pax7<sup>+</sup> MuSCs expressed tdTomato in pre-grafts and regenerated grafts (p > 0.05), respectively, suggesting AAV9 efficiently transduced MuSCs, and AAV9-edited MuSCs renewed successfully. Robust MuSC transduction was further confirmed by delivering AAV9.Cre to Pax7-ZsGreen-Ai14 mice in which Pax7<sup>+</sup> MuSCs are genetically labeled by ZsGreen. Next, we co-injected AAV9.Cas9 and AAV9.gRNA to dystrophic mdx mice to repair the mutated dystrophin gene. CRISPR-treated and untreated muscles were grafted to immune-deficient, dystrophin-null NSG.mdx4cv mice. Grafts regenerated from CRISPR-treated muscle contained the edited genome and yielded 2.7-fold more dystrophin<sup>+</sup> cells (p = 0.015). Importantly, increased dystrophin expression was not due to enhanced formation of revertant fibers or de novo transduction by residual CRISPR vectors in the graft. We conclude that AAV9 effectively transduces MuSCs. AAV9 CRISPR editing of MuSCs may provide enduring therapy.</p>","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":"5 1","pages":"1568-1585"},"PeriodicalIF":0.0,"publicationDate":"2019-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ymthe.2019.06.012","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89206726","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Cover Vol. 10 (2), July 2018","authors":"Jurnal Al-Iqtishad","doi":"10.15408/aiq.v10i2.7996","DOIUrl":"https://doi.org/10.15408/aiq.v10i2.7996","url":null,"abstract":"Cover Vol. 10 (2), July 2018","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42483970","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Back Matter Vol. 10 (2), July 2018","authors":"Jurnal Al-Iqtishad","doi":"10.15408/AIQ.V10I2.7999","DOIUrl":"https://doi.org/10.15408/AIQ.V10I2.7999","url":null,"abstract":"Back Matter Vol. 10 (2), July 2018","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43267015","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Corrigendum / Erratum / Retraction","authors":"Jurnal Al-Iqtishad","doi":"10.15408/aiq.v10i2.7998","DOIUrl":"https://doi.org/10.15408/aiq.v10i2.7998","url":null,"abstract":"Retraction to:Sukmana, R. (2018). Determinantf of Credit and Financing Risk: Evidence of Dual Banking System in Indonesia. Al-Iqtishad: Jurnal Ilmu Ekonomi Syariah (Journal of Islamic Economics). Vol. 10 (1): 189-206. doi: 10.15408/aiq.v10i1.5903.This article has been retracted by the publisher based on the following reasonThis is based on the author's recognition to the editor that the author has committed acts of violation of publication ethics. The author has published a double publication by submitting the same article to two journals at the same time. The author admits that he forgot to have submitted the same article to another journal. This article also has published in the Journal of Islamic Financial Studies (Publisher: University of Bahrain) Vol. 3 (2), December 2017 (http://journals.uob.edu.bh/jifs/contents/volume-1115/articles/article-5448)This article has followed with the procedures that apply to journal management. The author has received the review results, and has improved the article according to the review result.One of the conditions of submission of a paper for publication in this journal is that authors declare explicitly that their work is original and has not appeared in a publication elsewhere, and also not considered by another journal. As such this article represents a severe abuse of the scientific publishing system. The scientific community takes a very strong view on this matter, and apologies are offered to readers of the journal that this was not detected during the submission process.","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43003778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Front Matter Vol. 10 (2), July 2018","authors":"Jurnal Al-Iqtishad","doi":"10.15408/aiq.v10i2.7997","DOIUrl":"https://doi.org/10.15408/aiq.v10i2.7997","url":null,"abstract":"Front Matter Vol. 10 (2), July 2018","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41384169","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Asymmetric Information and Non-Performing Financing: Study in The Indonesian Islamic Banking Industry","authors":"A. Rodoni, B. Yaman","doi":"10.15408/aiq.v10i2.7392","DOIUrl":"https://doi.org/10.15408/aiq.v10i2.7392","url":null,"abstract":"The purposes of this study are: First , to analyze the indications of moral hazard and adverse selection on Indonesian Islamic commercial banks. Second , to analyze the influence of moral hazard and adverse selection on the Non Performance Financing of Indonesian Islamic banks. Two methods were used for this purpose, a qualitative content analysis approach derived from the results of interviews with the banker from the Islamic commercial banks. Besides that this study also uses Error Correction Model (ECM), with data taken from these listed Islamic banking from 2010 to June 2016. The results show that the indications of moral hazard have a positive effect on the non-performing financing (NPF) in the short run. The indication of the presence of moral hazard occurs at the long run on GDP variable, and the allocation of Murabaha financing (RM) has a positive effect on the mudharabah (FM) profit and loss sharing. The test results also show that adverse selection that represented by the profit sharing rate (PSR) has a positive effect on the level of risk sharing toward non-performing financing (NPF) in the long run. DOI: 10.15408/aiq.v10i2.7392","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":"10 1","pages":"416-430"},"PeriodicalIF":0.0,"publicationDate":"2018-05-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"49255331","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"A New Paradigm in Islamic Housing: Non-Bank Islamic Mortgage","authors":"E. Firmansyah, A. Gunardi","doi":"10.15408/aiq.v10i2.7274","DOIUrl":"https://doi.org/10.15408/aiq.v10i2.7274","url":null,"abstract":"An increasing demand for a sharia-compliant housing has resulted in a new initiative where the mortgage can presently be directly handled by the developer without involving the bank. This is called non-bank Islamic mortgage. This paper is aimed at portraying the consumer’s profile of non-bank Islamic mortgage and the issues of this practice. We disseminated questionnaires to the respondents in several cities in West Java who bought the house-using non-bank Islamic mortgage scheme. Subsequently, we synthesized the answers regarding their profiles and issues of the scheme for the betterment in the future. One of the issues of this scheme is the higher fraud because there is no rigorous credit scoring as conducted by the bank. The research of non-bank Islamic mortgage is still scant so this paper is expected to shed the light by contributing to the literature of Islamic home financing. DOI: 10.15408/aiq.v10i2.7274","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":"10 1","pages":"313-324"},"PeriodicalIF":0.0,"publicationDate":"2018-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45466963","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Causal Relationship Between Islamic Bonds, Oil Price and Precious Metals: Evidence From Asia Pacific","authors":"Metadjer Widad, Boulila Hadjer","doi":"10.15408/aiq.v10i2.7171","DOIUrl":"https://doi.org/10.15408/aiq.v10i2.7171","url":null,"abstract":"Sukuk or Islamic bonds as new “Halal” securities had wildly expanded in Muslim and non-Muslim capital markets. So, this study aims to investigate the causal relationship between Islamic bonds (sukuk), oil and precious metals “silver and gold” prices in Asia pacific. This study used VAR model relying on daily data. The findings of Granger causality test and impulse-responses analysis results provide substantial evidence in favor of the relation between sukuk and the commodity market variables (oil, gold, and silver) meanwhile and unlike many empirical studies, don’t we have found that oil doesn’t cause changes in precious metals prices. Therefore, the idea that Islamic financial markets provide diversification benefits and they are safe havens during oil crisis cannot be supported empirically. DOI: 10.15408/aiq.v10i2.7171","PeriodicalId":53340,"journal":{"name":"AlIqtishad Jurnal Ilmu Ekonomi Syariah","volume":"10 1","pages":"285-298"},"PeriodicalIF":0.0,"publicationDate":"2018-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44578943","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}